Personal Finance

Saturday 2 August 2014

Dining out will eat into your budget

Published 18/05/2014|02:30

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Eating out in Ireland can burn a hole in your pocket. Although pubs and restaurants have brought down their prices since the recession hit, you could still pay €30 a head for a mediocre three-course meal in an Irish pub – or €60 a head in an upmarket restaurant.

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It can be a lot cheaper to eat out abroad, depending on the country. In Tunisia, you can expect to pay €15 a head for a three-course meal in a mid-range restaurant; the average cost of a three-course meal in Kusadasi, Turkey, is about €20 a head; and in Lanzarote, a typical three-course meal costs €25, according to Tanya Airey, managing director of Sunway Holidays.

It can be pricey to eat out in Italy, however – a three-course meal in a mid-range restaurant typically costs about €40 a head in Sicily – or €47.50 in Sorrento.

If you're fond of a tipple, a bottle of wine costs about €5 in a restaurant in Tunisia; or €12 in a restaurant in Kusadasi, said Airey. In an Irish restaurant, you'll easily pay around €20 for a bottle of wine.

Beer too can cost a fraction of the price abroad. It costs €1.25 to buy a bottle of local beer in a Tunisian restaurant, €3 in Sorrento and Lanzarote, €3.30 in Kusadasi and €3.50 in Sicily, according to Airey. In Ireland, you'll typically pay about €5 for a bottle of beer in a restaurant.

Remember, the price of your foreign holiday will depend on the destination. Some countries cost a fortune to visit. Switzerland is one of the most expensive countries to visit in western Europe; Scandinavia too will burn a hole in your pocket. Travel around the Canadian Rockies and you'll usually pay through the nose for accommodation – unless you're happy to camp or stay in motels.

Sunday Indo Business

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